Trend Table for MERC - Mercer International Inc.

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 11	D	Weak or Absent	Down	Down	Down	-24.15%
Dec 8	F	Weak or Absent	Down	Down	Down	-22.56%
Dec 7	C	Weak or Absent	Up	Up	Down	-26.18%
Dec 6	D	Weak or Absent	Down	Flat	Down	-24.92%
Dec 5	D	Strong	Down	Flat	Down	-24.67%
Dec 4	C	Strong	Up	Up	Down	-30.80%
Nov 30	C	Strong	Up	Up	Flat	-30.72%
Nov 29	C	Strong	Up	Up	Up	-31.30%
Nov 28	B	Strong	Up	Up	Flat	-30.80%
Nov 27	C	Strong	Up	Up	Up	-31.19%